Makidada Business Management

Nonprofits have unique financial needs, and we're here to help you navigate them with ease. From 990 Filings to Donor Contribution, we're here to handle all your nonprofit's financial needs with precision and care. ???? Ready to focus on your mission while we handle the numbers? Let's work together to keep your nonprofit financially strong. Contact us today! #NonprofitBookkeeping #DMVBookkeeper #DCBookkeeper #Nonprofits #VirtualAccountant

Introducing our newest client, Glass Ball Consulting! We're honored to be entrusted with their financial needs. If you ever need business consulting, make sure to check them out! #NewClient #RemoteBookkeeper #Makidada #NewClientsWelcome #VirtualAccountant #DMVBookkeeper #DCBookkeeper

What does "Revenue" really mean? ?? In simple terms, it's the income that comes in from your main business activities, like sales, and is often referred to as the "top line" because it’s the first figure you see on an income statement. ?? Don’t confuse revenue with profit—they’re not the same! Understanding the difference is key to managing your business finances effectively. #VirtualBookkeeping #Entreprenuer #SmallBusinessSolutions #FinancialManagement #DCBookkeeper #DMVBookkeeper

Ever wondered what's the difference between tax deduction and tax credit? Here's a quick rundown? ??Tax Deduction: Lowers your taxable income and indirectly reduces your tax bill based on your tax rate ??Tax Credit: Directly reduces your tax bill by the full amount of the credit Need extra help understanding the differences? Schedule a call with us today to maximize your tax savings! #VirtualBookkeeping #Entreprenuer #SmallBusinessSavings #SmallBusinessSolutions #FinancialManagement #DCBookkeeper #DMVBookkeeper #taxtips

Introducing our newest client, Quality Home Maintenance, LLC! We're honored to be entrusted with their financial needs. Make sure to check them out for all your residential & commercial maintenance needs! #NewClient #RemoteBookkeeper #Makidada #NewClientsWelcome #VirtualAccountant #DMVBookkeepper

Every small business owner runs into overdue invoicing every now and then, but following the steps below can help you manage the situation effectively while maintaining professional and positive relationships with your clients. ?? 1. Start with a polite and friendly reminder email or call to the client, highlighting the overdue invoice and providing a copy of the invoice for their reference. 2. If the friendly reminder doesn't prompt payment, follow up with a more formal email. Clearly state the overdue amount, the number of days past due, and any late fees or interest that may apply. 3. If the client is having trouble paying, offer to set up a payment plan to make it easier for them to settle the debt. If they continue to be unresponsive, consider involving a collections agency or legal assistance. ??Save this post for later! #DCBookkeeper #RemoteBookkeeper #Invoices #Clients #DMVBookkeepper

Want to know how profitable your small business is? Start calculating your net profit margin. ?? Don't know how or want a trusted expert to do it for you? Schedule a call today! #DCBookkeeper #VirtualAccountant #SmallBusinessSolutions #ProfitMargin #DMVBookkeepper

Introducing our newest client, Quality Housing Solutions, Inc! We're honored to be entrusted with their financial needs. If you're in the North Carolina area, make sure to check them out for all your real estate needs! #NewClient #RemoteBookkeeper #Makidada #NewClientsWelcome #VirtualAccountant #DMVBookkeeper

Even though the giveaway has ended, there’s still time to contribute to the fundraiser! Your support goes a long way in helping us reach our goal. Every donation counts, and we appreciate your generosity. ???? #DMVBookkeeper #Giveaway #DCBookkeeper #BusinessShower

Profit margin is a crucial indicator of your business's financial health! It's the percentage of revenue left after paying business expenses. ?? The two main types of profit margin are: Gross Profit Margin: The portion of income left after paying for the goods and services you sell. Net Profit Margin: The portion of income left after paying all costs and taxes. Accurate bookkeeping is key to ensuring your profit margins are correct, guiding you to make smarter business decisions. We can tailor our bookkeeping solutions to meet your unique business needs. Let's chat! ??? #ProfitMargin #SmallBusinessSolutions #BookkeepingExperts #DCBookkeeper #RemoteBookkeeper